Surely there could be some sort of "protection mechanism" that doesn't entail manipulative perception of value that makes the average Steem user feel cheated out of 43% of their earnings because their "rewards value" is based on some complex internal mechanism rather than an actual clear figure of what they're really worth if/when trying to cash out on a real exchange...
Yea, I think having SBDs is what convolutes all of this. Though I think SBDs could be valuable if they could reliable maintain their peg. The current configuration doesn't do that.
Probably cuz that'd be even more confusing to the average user as most people don't have the math skills to calculate what those rewards would actually contribute to paying bills...
Psychological familiarity - it makes it simply if we can relate our rewards directly to what they'd buy in our daily lives. (That is, if 1SBD actually = $1USD).
AGREED.
Surely there could be some sort of "protection mechanism" that doesn't entail manipulative perception of value that makes the average Steem user feel cheated out of 43% of their earnings because their "rewards value" is based on some complex internal mechanism rather than an actual clear figure of what they're really worth if/when trying to cash out on a real exchange...
Yea, I think having SBDs is what convolutes all of this. Though I think SBDs could be valuable if they could reliable maintain their peg. The current configuration doesn't do that.
Probably cuz that'd be even more confusing to the average user as most people don't have the math skills to calculate what those rewards would actually contribute to paying bills...
Psychological familiarity - it makes it simply if we can relate our rewards directly to what they'd buy in our daily lives. (That is, if 1SBD actually = $1USD).